Wiñay Kury Group
Update on Wiñay Kury GroupThe communal bank "WIÑAY KURY" is located in the district of Quiquijana, province of Quispicanchis, department of Cusco.
One of the members, Dianet, is 38 years old, divorced and has two children. She alternates her daily activities with buying and selling small animals such as guinea pigs, chickens, etc., and has been in business for quite some time. It is going well thanks to the hard work she dedicates to it every day. She raises small animals that she later sells to customers on an order basis. She hopes to continue working so her business will prosper and is requesting a loan to buy guinea pigs for her business.
The other members of the group are involved in activities such as a grocery store business, food sales, hair salon, alpaca sales, raising small animals, milk sales, vegetable sales, and master construction worker.
The photos are of two groups because the second group (at the right) had to arrive late because of work.
Dianet is grateful to everyone helping her reach her goal and she is committed to paying back the loan on time.
La socia es la Sra.Dianet ella es separada ,tiene 38 años de edad y tiene 02 hijos; La socia alterna sus actividades diarias con el negocio de compra y venta de animales menores como cuyes, gallinas entre otros, la socia lleva buen tiempo en este negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, la socia cría a estos animalitos para luego venderlos a sus clientes que le solicitan, la socia desea poder seguir trabajando para de esta forma seguir adelante con su negocio.
La socia solicita el crédito para la compra de cuyes para su negocio.
Los otros socios se dedican al negocio de tienda de abarrotes, venta de comida, peluquería, venta de alpaca, crianza de animales menores, venta de leche, venta de verduras, maestro constructor.
La foto fue tomada en dos grupos ya que el segundo grupo (ubicado a la derecha) pidió permiso para llegar tarde por motivos de trabajo.
La socia agradece a quienes forman parte de este sueño mediante este medio y se compromete a cumplir con el pago de sus cuotas en el plazo establecido.
Previous Loan DetailsThe “WIÑAY KURY” communal bank is in its first loan cycle. It is made up of 10 hard-working, enterprising people who are always looking for ways to get ahead in life and, through their own efforts, to provide a better future for their children. This communal bank is in Quiquijana district,… More from Wiñay Kury Group's previous loan »
Important InformationAbout Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid